Singapore Q3 GDP
3.2% q/q
- expected 2.5%, preliminary was 2.1%
+5.4% y/y
- expected +4.6%, preliminary 4.1%
Singapore's trade ministry upgraded its GDP growth forecast for 2024 to "around 3.5%" from a previous range of 2.0% to 3.0%.
- The ministry said it expects growth of 1.0% to 3.0% in 2025.